Skip to main content

Featured

Gold Crashed 30% This Year — Now It's Climbing Again. Should Your TFSA or RRSP Be In It?

  August 12, 2026 If you've only glanced at the gold headlines this week, you've probably seen some version of "gold near two-month high." That's true — spot gold touched an intraday peak of US$4,434.84 an ounce on Tuesday, its best level since June 5, before settling back to around US$4,382. But "two-month high" undersells what's actually happened to gold in 2026, and that fuller story is the part that matters if you're deciding whether to put any of it in a TFSA, RRSP, or FHSA right now. Here's the short version: gold went nearly vertical in January, hit an all-time record, crashed by close to 30% within weeks, spent the spring and early summer languishing near US$4,000, and has spent the last six weeks clawing about 10% of that back. Where it goes from here is genuinely split among the banks that cover it professionally. That's the setup worth understanding before you buy. The wildest year gold has ever had Gold entered 2026 already o...
Post a Comment
Read more

article

Labels

Tourist Resorts in Indian-Controlled Kashmir Temporarily Closed Amid Rising Tensions

 

Authorities in Indian-controlled Kashmir have temporarily shut down 48 of the 87 government-authorized tourist resorts in the scenic Himalayan region. This decision follows a deadly attack near the resort town of Pahalgam, where gunmen killed 26 people, most of them Indian tourists.

The attack has heightened tensions between India and Pakistan, leading to diplomatic measures such as visa cancellations, the recall of diplomats, and the suspension of a crucial water-sharing treaty. Pakistan has denied involvement in the attack, which was claimed by a previously unknown militant group.

The closures are a precautionary safety measure, but they have disrupted tourism in the region, which had been flourishing in recent years. Millions of visitors travel to Kashmir annually to experience its natural beauty, despite ongoing skirmishes between insurgents and government forces.

The situation remains tense, with cross-border firing reported along the Line of Control and increased security measures in place.

Labels:

Comments

Post a Comment